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<br />WATER POLLUTION CONTROL LbAN F11ND ACiREElyENT
<br />Ttus Asreerr,cnt made and entered into as of the date specifietl -on Exhibit 1(fully
<br />incorporato. ;i he. eir: and made a part hereo fl as the "Effective I3ate," by and among the Director
<br />of EnvirannimtaI Protection (the "birector"), as the Director of the Environmental Protection
<br />Agency of t'-e Statc° of Ohio, an agency duly cteated and existing undei• the laws of the State of
<br />Ohio, the 0':io `JVater bevelopment Authority, a bady corporate and politic organized and
<br />existing undt:r thc pravisions of Chapter 6121 of the Ohio Revised Coce (the "4WDA," ar_.d
<br />together vwitil the Dir.ctor, the "State"), and the governmental body specified as the "Bonower"
<br />on Exhibit 1, agov+Nrnmentai body orgariized and existing under the lavis o£the State of Ol:io
<br />and acting pursuant to an ordinance or resolutian passed by the legislative authority of the
<br />Borrower o_z the date specified on Exlibit 1 as the "Resolution Date" (che capitalized terms not
<br />defined in tf c reyitals being as defined in Article I herein);
<br />WITNESSETH
<br />WHE-REAS; the OWDA has been created, among other reason:;, to carry forward the
<br />declared pub'ic poli;;y of fhe State of Ohio to preserve, protect, upgrad'.., conserve, devcIop,
<br />utiUe and n:anage vhe wuter resources of the State, to prevent or abate the pollution of water
<br />resources, to, pramate the beneficial use ofwaters ofthe State for the proteation and
<br />preservation of the comfort, heaith, safety, convenience, and welfare, and the improvement of
<br />the econonu.- and general welfare and employment opportunities of and the creation of jobs for
<br />the people of t:he Stata, and to assist and cooperate with other governmental agencies in
<br />achieving su_'? purpases through the establishment, operation and maincenance ofwater
<br />development projec:s pursuant to Chapter 6121 ofthe Revised Code; and
<br />VVFU ,:ltE.4S, Title VI of the Clcan Water Act, as amended (the "CWA"), authorizes the
<br />Administrawr of the United States Environmental Protection Agency te make capitalization
<br />grants to sta';rs t+a establish a state water pollution contral rcvolving Ioan fund; and
<br />VVIiE:_ZEAS, pursuant to the CWA, states can provide laans and other types of financial
<br />assistance fru,n a wqtet pollution cantrol revolving loan fund to locai ccmmunities and
<br />intermuticip,al and ir.terstate agencies for the construction of gublicly-owned wastewater
<br />trcatment fac i'ities as defined in Section 212 of the CWA and for the implementation of nonpoint
<br />source pollution controi management pro$rams and development and implementation of pIans
<br />under the est-ary pr,.-)tection programs; and
<br />WHM REAS, the Ohio General Assembiy has created a water poltutian control loan fund
<br />("WPCLF°) pursuant xo Ohio Revised Code Section 6111.036 to provid:e loans and other types
<br />of financisl .ay,istance as set forth in said Section; and
<br />to assist the Director (whenever the term "birector" is used herein, svch
<br />term shall a]s.- be der:r.ied to include the Director's designated representative(s), if arty) in
<br />providing loans and other types of financial assistance from the WPCLF, and to assist in the
<br />administratio : and o?jeration of the WPCLF as authorized by the Ohio Revised Codc Sectian
<br />6111.036, thc Director ha5 entered into an Interagency Agreeme:?t with the OWDA, dated
<br />Sepcermber 30, 1995; and
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